News

Todd Bitzer, Kenneth D. Chappatta, Nick Devine, Zed Francis and Brett M. Schechterman joined the senior team of Legal & General Investment Management America Inc. (LGIMA).

Ascensus has partnered with LPL Financial LLC to provide access to its Worksite Financial Solutions platform for LPL plans and plan participants

Many individuals are saving less for retirement this year, a survey found.

About two-thirds of Americans (63%) don’t know how rising interest rates will affect their investment portfolios, such as 401(k)s, IRAs and other savings platforms.

The Newport Group released the all-new plandestination.com.

Visium Asset Management launched the Visium Event Driven Fund (VIDVX), the first mutual fund offering for the alternative asset management firm.

Research from Morningstar suggests holding significant amounts of employer stock in 401(k) plans is bad for companies’ bottom lines.

More attention needs to be paid to younger employees when it comes to investing for retirement, according to a new study from Hearts & Wallets, LLC.

Jane E. Jarcho has been named national associate director of the Investment Adviser/Investment Company examination program by the  Securities and Exchange Commission (SEC).

The Enterprise Management Consulting program from LPL Financial was created to assist affiliated large enterprises with growth, profitability and adviser support.

Franklin Templeton Investments introduced four new funds within the company’s retirement target-date fund (TDF) lineup.

SunGard’s MyRetirement income calculator now gives defined contribution plan participants the ability to determine sustainable spending amounts throughout retirement.

Bank of America’s investment businesses launched a program that supports clients’ needs to align investments with the environmental, social and governance (ESG) issues.

ABG Investment Services Inc. (ABGIS) rolled out The (k)Series, a 3(38) service offering of fund menus that combines simple choices and educated decisions for advisers.

Americans are interested in holistic financial advice and competent advisers with a financial planning certification, according to a survey.

Certain factors are keeping defined contribution (DC) retirement plan sponsors from adopting automatic features, a survey finds.

Sean Taylor has joined Deutsche Asset and Wealth Management (DeAWM) as head of Emerging Market Equities.

An investment adviser has been ordered to restore plan losses, incentive fees and penalties for several employee benefit plans.

Most consumers (98%) who are married, partnered or have dependents, lack enough life insurance coverage to replace their income, according to a survey by Nationwide Financial.

The Enhanced Trading and Rebalancing (ET&R) platform from LPL Financial LLC lets advisers manage portfolio trading activity across multiple client accounts.